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20121129
20121207
Search Results 0 to 10 of about 11 (some duplicates have been removed)
's happened over the last couple of weeks. going over the fiscal cliff is serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> the white house says they are willing to do tough things to compromise, so now it's time for republicans in washington to ask the wealthiest americans to pay higher tax rates. >> asking for a political price be paid in order for congress to do its job to insure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. it was deeply irresponsible in the summer of 2011 and it would be deeply irresponsible if we were to see that kind of approach taken again. >> today the president is going to take his case to the people of pennsylvania during a visit to hatfield and a road on group. it's the sole manufacturer of knex, which makes angry birds building sets. back to you. >> steve: all right. thank you very much. >> brian: it's unbelievable. the "washington post" says th
run small businesses, people who are most targeted by the tax increases. take the fiscal cliff stuff out, obama taxes target small businesses, let's say have you a small, not unreasonable you make around $500,000, you. we like 15 people. you raise their taxes, they will lop off 2 or 3 of those people. neil: who are these small business guys that got in. >> i'm sure some of them have- you know, listen, not all small businesses are monolithic. neil: who are big business guys. >> lloyd, just so you know, i know him personal, saying how great the president's plan is, ear something like warren buffet, they made so much money already. what do they care if you take of their taxes a little bit. james gorman that runs morgan stanley, i really like, said put pressure on congress to get a deal done, i am sure that that james would not care if they raised upper rate on people, but morgan stanley still pushing for certain deducts that helpusiness, i would be careful with listening to the quote, unquote corporate. >> we did look at this, we cannot prove a exact number but overwhelming number, eit
decisions? is it irrelevant to your business if we go over the fiscal cliff? how does a ceo look at what's happening in washington and decide for next year? >> most of the ceos look at the situation in washington with complete amazement and dismay to be frank about it. the problem is the ideological pinnings on both sides of this argument are so difficult to bridge that it's going to be hard for them to get a deal. >> he also said that they're fighting the wrong fight. i asked would you be willing to pay higher taxes yourself? warren buffett says rich should pay higher taxes. he said the fight should be about the corporate tax rate, doing things to goad corporations into spending money and into hiring, and into really building out their business, not just for small business but for big business, too. that's what the argument should be. the argument over tax rates for the rich is the wrong fight to be having. >> what worries me about this, you said these big ceos like fred smith will make decisions as we get closer to the fiscal cliff, because they have to kick in some of these changes. d
to look at the focus of the fiscal cliff debate. they would bear the blame if we do go over the edge. the president sat down with bloomberg news yesterday to talk about this. he said he might be willing to budge on some things but tax rates on the wealthy must go up. republicans should agree to raise them he says now and trust them that spending cuts will go away. >> let's put a down payment on taxes let's let tax rates on the upper income folks go up. >> they have heard these problems before any deal must tackle entitlements such as medicare and social security to put them on a sustainable path. vice presidential candidate and budget chairman paul ryan says the overall thinking has to change. >> the problem they are the same. but the old ways won't do. we need new thinking and renewed efforts from all americans. look, it is true that president obama won reelection. i congratulate him on his victory. but on january 20th, he will face a stagnant economy and a fiscal mess. you might even say he will inherit these problems. >> this has become a public relations issue, too. yesterday the
politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lots of analysts cutting this stuff today. melissa: lauren, thank you very much. lori: after laying out his opening bid to fisk the fiscal cliff, -- listen to a sampling of that. >> you will see your taxes go up on january 1. i am assuming that does not sound too good for you. that is sort of like the lump of coal you before christmas. that is a scrooge christmas. melissa: is the president right to put the blame on congress or are his demands unrealistic? joining us for the second today is juan williams. the president setting the republicans up to take the blame for all of this. >> well, you kn
being asked. we are willing to go over the fiscal cliff. why? to square the members to call their members of congress. if you talk to business people and people in the banking industry they are not concerned about the fiscal cliff and i am not sure why. maybe they feel it is going to get done. this is very, very interesting. >> steve: i think there are people who are optmistic that something can happen in the long run. >> brian: we get past this hurdle and we might get on a roll. >> steve: john boehner said the republicans point of view. we don't have to raise rates on the top people. we can tighten things up and close the loop holes and deduction. actually that the president of the united states's point of view back last year . now he said it is all about tax rates. this is the president in a flash back. >> what we said give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates, but could simply be questioned by eliminating loop holes and deductions and engaging in a tax reform process that could have lowered rates. >> steve: he was for
development in the oil patch. >> it will be really nice to talk about something other than the fiscal cliff. i will say that. >> jobs. that's right. >> 25 minutes past the hour. the republican party needs some new younger blood say some pundits. are these the new leaders of the gop, paul ryan, marco rubio, could they already be on the campaign trail? bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of
important 'cause it's about economic development. it's not just solving the fiscal cliff issue. that's just a near term issue. but that solution needs to create a business environment that allows businesses to grow because we're only expanding 2% gdp. we need at least 3 1/2, 4% to bring down unemployment. so we are fighting for the soul of america. >> steve: 'cause you need to help the economy and sell cars, too. >> that's an important part, to because next to our homes, the purchases -- it's always a lead indicator. >> gretchen: you would know, and this is why you were invited, because you run ford and you've been very successful at it. by the way, you took no bailout money because you borrowed money before that other fiscal cliff that we went over when the car industry was bailed out. did the president listen to you? >> i think he absolutely did. of course, i would do it again about testifying against my competitors because clearly the united states economy was in a recession and could have gone into a depression. i'm glad we did testify on behalf of our competitors at the time because we
disasters. we don't need to navigate the fiscal cliff. that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking about what the impact of going overt cliff would be and also with a it would be down the line. >> gretchen: but so much, nick, of what's been discussed in the press is only about increasing taxes. you just got done talking about the fact that a stool falls over unless you have the other legs there. did you get the sense in these insider talks that people are actually going to take on entitlement reform? >> i think behind the scenes talk, yes. right now there is a lot of public posturing going on and that, i think, i personally think that's a problem because in the nego
the fiscal cliff and the market dove yesterday on comments from house speaker john boehner. data released yesterday showed economic growth in the u.s. is still weak. consumers and businesses alike are putting a hold on spending. natalie? >> thank you. >>> and a grade school in south lina has shed new light on how to take a class photo. they didn't just stick the short kids in front, call kids in the back. each child wore a specific color, formed an amazing image of a light house. all part of the annual cultural week at beach hill elementary. great job, kids. that's fantastic. >>> it is 7:19. back to savannah, willie, and al. makes my photos look terrible. >> way more organization than my elementary school. >>> who will be with david gregory? just wondering. >> people don't know, willie trying to do an interview with david gregory, al was heckling him. >> heckling me here, covering serious matters of the day, have the peanut gallery over here. >> can't be with the one you love, love the one you're with. >>> how about the weather. >> let's show you what we've got. here in the east, looking
Search Results 0 to 10 of about 11 (some duplicates have been removed)